payment protection

Feds Order Discover to Refund $200 Million to Cardholders

Discover Bank is paying $214 million to settle charges that it pressured credit card customers to buy costly add-on services like payment protection and credit monitoring.

Capital One to Refund Customers $150 Million to End Card Probe

Capital One Bank will pay $210 million to settle charges that it pressured credit card customers to buy costly add-on services like payment protection and credit monitoring. About $150 million of that fine will go directly to 2.5 million of its customers.